Harmonic Return On Tangible Assets from 2010 to 2024

HLIT Stock  USD 9.40  0.20  2.17%   
Harmonic Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.15876202
Current Value
0.17
Quarterly Volatility
0.14551701
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Harmonic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Harmonic main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.9 M, Interest Expense of 3.4 M or Total Revenue of 360.1 M, as well as many exotic indicators such as Price To Sales Ratio of 2.63, Dividend Yield of 0.3 or PTB Ratio of 3.75. Harmonic financial statements analysis is a perfect complement when working with Harmonic Valuation or Volatility modules.
  
This module can also supplement Harmonic's financial leverage analysis and stock options assessment as well as various Harmonic Technical models . Check out the analysis of Harmonic Correlation against competitors.
For more information on how to buy Harmonic Stock please use our How to Invest in Harmonic guide.

Latest Harmonic's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Harmonic over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Harmonic's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Harmonic's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Harmonic Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.03)
Geometric Mean0.08
Coefficient Of Variation(561.88)
Mean Deviation0.11
Median(0.02)
Standard Deviation0.15
Sample Variance0.02
Range0.51
R-Value0.22
Mean Square Error0.02
R-Squared0.05
Significance0.44
Slope0.01
Total Sum of Squares0.30

Harmonic Return On Tangible Assets History

2024 0.17
2023 0.16
2022 0.0597
2021 0.0292
2020 -0.0843
2019 -0.0173
2018 -0.0817

About Harmonic Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Harmonic income statement, its balance sheet, and the statement of cash flows. Harmonic investors use historical funamental indicators, such as Harmonic's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Harmonic investors may use each financial statement separately, they are all related. The changes in Harmonic's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Harmonic's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Harmonic Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Harmonic. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.16  0.17 

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When determining whether Harmonic is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Harmonic Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Harmonic Stock. Highlighted below are key reports to facilitate an investment decision about Harmonic Stock:
Check out the analysis of Harmonic Correlation against competitors.
For more information on how to buy Harmonic Stock please use our How to Invest in Harmonic guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running Harmonic's price analysis, check to measure Harmonic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harmonic is operating at the current time. Most of Harmonic's value examination focuses on studying past and present price action to predict the probability of Harmonic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmonic's price. Additionally, you may evaluate how the addition of Harmonic to your portfolios can decrease your overall portfolio volatility.
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Is Harmonic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Harmonic. If investors know Harmonic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Harmonic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
13.465
Earnings Share
0.72
Revenue Per Share
5.445
Quarterly Revenue Growth
0.017
Return On Assets
0.02
The market value of Harmonic is measured differently than its book value, which is the value of Harmonic that is recorded on the company's balance sheet. Investors also form their own opinion of Harmonic's value that differs from its market value or its book value, called intrinsic value, which is Harmonic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Harmonic's market value can be influenced by many factors that don't directly affect Harmonic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Harmonic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harmonic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harmonic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.